Wilson Parking has agreed to pay $500,000 to the Commerce Commission following an investigation into anti-competitive behaviour at several Wellington carparks.
The country's largest parking company took on a lease for more than 650 carparks in the Capital building on Boulcott Street back in 2016 - in addition to several other carparks it operated in the area.
The Commerce Commission began receiving complaints in early 2017 about price increases at the Wellington car park, prompting it to investigate whether Wilson's new lease had substantially lessened competition in the market.
Commerce Commission chair Anna Rawlings told Checkpoint reporter Nita Blake-Persen Wilson Parking had previously asked for permission to lease another building a year earlier.
